Internationalisation of R&D: Trends, Drivers, Impacts and new Lines of Research
12 January 2017 4:00 pm CET
Bernhard Dachs and Georg Zahradnik, Austrian Institute of Technology, AIT
Venue
wiiw, Rahlgasse 3, 1060 Vienna
Description
An important aspect of the ongoing internationalisation of the world economy is the internationalisation of research, development (R&D) and innovation activities. Today, subsidiaries of multinational firms are among the top performers in many countries, and a considerable share of R&D activities in the business sectors are controlled by foreign-owned firms. The talk gives an overview of the current status of the internationalisation of R&D, discusses the drivers and impacts of the development, and presents some important new trends.
JEL classification: F230, O330